46 Picazo, Rancho Santa Margarita, CA 92688 - Photo 1 of 35, Rancho Santa Margarita, CA
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$489,900

46 Picazo, Rancho Santa Margarita, CA 92688

MacLean Realty Group
2Beds
1Baths
618Sq Ft
1Parking
1988Built
1Days Listed
1Lot Sq Ft

About This Property

Welcome Home to Your Happy Place! Imagine stepping into a bright, beautifully renovated single-story condo where every detail feels warm, fresh, and thoughtfully cared for. This charming downstairs end-unit is more than just a home its where memories are made and life feels easier and brighter. With low HOA dues of only $399 and an FHA-approved complex, this home opens the door to so many beautiful possibilities. Completely renovated in 2019 this home has been lovingly updated even more recently for ultimate comfort: New refrigerator, wide-plank Dusk Cherry flooring (extreme scratch-resistant), and fresh paint in 2026. New A/C, heater, washer, and dryer in 2025 Youll love the modern kitchen and updated bathroom that make everyday living feel like a pleasure. Best of all, there are no stairs to climb, and your assigned parking spot (#28) is right next to the unit making coming home something you truly look forward to. Live the Rancho Santa Margarita Dream. Just steps away, enjoy three community spas and a pool. A gentle half-mile walk (under 10 minutes) brings you to the sparkling RSM Lake, charming shops, cozy cafs, restaurants, and an even shorter walk to playgrounds, basketball court, tennis court, and park. Cielo Vista Elementary and RSM Middle School are literally across the street perfect for growing families. This is a neighborhood where kids ride bikes, neighbors wave hello, and you feel a true sense of belonging. As part of the coveted SAMLARC community, youll have access to an incredible resort-style lifestyle: 4 pools (2 heated year round), a Beach Club & Lagoo

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Property Location

Map

Property Details

Property Type
Condo
Bedrooms
2
Bathrooms
1
Building Area
618 Sqft
Living Area
618 sqft
Year Built
1988
Stories
1.0
Status
Active
Days on Market
1
Cumulative Days on Market
2
Original Price
$489,900

Location & Neighborhood

What's nearby 46 Picazo, Rancho Santa Margarita, CA 92688

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

Dining

Grocery

POI data updated 5/27/2026

Rancho Santa Margarita Market Snapshot

93

Active Listings

$799K

Median Price

50

Avg Days on Market

Last updated: May 26, 2026

Listed by

Robert MacLean, MacLean Realty Group · 714-423-1587

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$489,900